 |
| Source: http://globaleconomicanalysis.blogspot.in/ |
And the accompanying economics are herewith:
 |
| Source: A paper by James Wlicox |
Relevance to India:
India is no Japan but there are many similarities in data
and trends:
 |
| Source: United Nations statistics |
- Population density (people per Sq. km) is comparable: 382 (India) vs
350 (Japan)
- Population growth rates are declining in India
too
- Slowing GDP growth rate has put pressure on per capita income in the recent past
 |
| Source: World Bank Report |
- Bad loans in the banking system are rising and have not found a top yet
 |
| Source: Business Line |
Conclusion:
If history is any indicator and the trends continue, land prices would soften in India too.
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